Top Stories
Value of a Realtor® videos highlight all that Realtors® do every day
It’s no secret that Realtors® bring great value to the clients and communities they serve; however, sometimes all those things aren’t known, or obvious, so these fun short videos, featuring SPAAR member volunteers, highlight the significant impact and numerous activities Realtors® do for their clients every days.Minnesota Housing announces new first-generation homebuyer loan program
Minnesota Housing will be launching the Agency First-Generation Homebuyer Loan program this spring.Beyond the Stats: how insurance and mortgage work in tandem within the real estate industry
Dive into the world of home insurance and its impact on the loan process.News
SPAAR-B-Q: A networking cookout for members
Connect, mingle and enjoy (a free) lunch with fellow SPAAR members at this year’s SPAAR-B-Q, the ultimate networking cookout taking place on July 23 from 11am to 1pm at SPAAR.
Artists aged 2 to 101 participated in Fair Housing coloring contest
SPAAR recognized Fair Housing Month with its annual coloring contest this past spring. In its fifth year, 50-plus colorful entries were received. The coloring sheet communicates REALTORS®’ support for housing protections and the federal Fair Housing Act of 1968 with the simple idea: “All are welcome in my neighborhood!”
National Night Out is August 6; SPAAR to support events again this year
National Night Out builds better communities by connecting neighbors. Realtors® build better communities by connecting clients with information and resources.SPAAR In The Media
SPAAR in the News
Local news featured Amy Peterson, 2024 President of the Saint Paul Area Association of REALTORS®, sharing about the 2023 housing market.
Homes for sale down in Twin Cities, up slightly statewide
Minneapolis Area Realtors and the St. Paul Area Association of Realtors also put out a report on the Twin Cities regional market. While new listings throughout the state were up, new listings in the Twin Cities declined 1.1% in October, although the report notes that this is the lowest decline since May 2022.
Finance & Commerce article: Twin Cities home sales fall, home prices rise
Minneapolis and St. Paul Realtor groups said Monday that Twin Cities home prices rose in June, but sales activity — weighed down in part by rising interest rates and tight inventory — was slower compared to last year.Advocacy
Candidate endorsement interviews are on the horizon
SPAAR has begun its 2024 candidate endorsement process, and the advocacy team is looking for volunteers for candidate interviews taking place in mid-September.
NAR’s 2024 Sustainability Summit was held in Minneapolis
NAR’s Sustainability Summit in 2024 was held on June 4th and 5th in Minneapolis, bringing Realtors®, property managers, appraisers, brokers, and other stakeholders together to learn about and discuss sustainability in housing and real estate.Shakopee Backflow Prevention and Cross-Connection Control Information
Shakopee Public Utilities has a Backflow Prevention and Cross-Connection Control Policy* designed to keep customer drinking water safe and free of contaminants.Community
SPAAR-B-Q: A networking cookout for members
Connect, mingle and enjoy (a free) lunch with fellow SPAAR members at this year’s SPAAR-B-Q, the ultimate networking cookout taking place on July 23 from 11am to 1pm at SPAAR.Artists aged 2 to 101 participated in Fair Housing coloring contest
SPAAR recognized Fair Housing Month with its annual coloring contest this past spring. In its fifth year, 50-plus colorful entries were received. The coloring sheet communicates REALTORS®’ support for housing protections and the federal Fair Housing Act of 1968 with the simple idea: “All are welcome in my neighborhood!”National Night Out is August 6; SPAAR to support events again this year
National Night Out builds better communities by connecting neighbors. Realtors® build better communities by connecting clients with information and resources.Housing Market Press Releases
Growth in listings met by cooler demand leads to an increase in supply
According to new data from the Saint Paul Area Association of REALTORS®, in conjunction with Minneapolis Area REALTORS® as the two Associations provide this information together each month, listings rose slightly compared to last year while sales softened. In fact, both inventory levels and prices were up.
For April 2024: listings are up more than sales, meaning buyers are seeing more options
According to new data from Minneapolis Area REALTORS® and the Saint Paul Area Association of REALTORS®, both listings and sales rose in April 2024 compared to last year at this time. Prices and inventory levels were also higher.